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central government over economic woes this was followed by fresh and i stared the protests in the capital madrid with tens of thousands of spaniards voicing outrage over a new wave of belt tightening the governments do announce a fresh set of spending cuts by the end of the month and their mass into was later at code in portugal capital lisbon where protesters threw fireworks and tomatoes at a local had quarters of the international monetary fund john laughlin director of studies at the institute of democracy and corporations as governments are focusing on the wrong issue want to comes to fixing the crisis. the basic problem in europe and indeed other countries of the world is of course that there is too much debt both private and above all a blick and nothing today and nothing on any other future occasion he's going to make that go away even budget cuts are not going to make those essential problem go away which is that the states are too heavily indebted and even the various so-called austerity programs which have been imposed i'm not going to produce a budget surplus which is the only way of
central government over economic woes this was followed by fresh and i stared the protests in the capital madrid with tens of thousands of spaniards voicing outrage over a new wave of belt tightening the governments do announce a fresh set of spending cuts by the end of the month and their mass into was later at code in portugal capital lisbon where protesters threw fireworks and tomatoes at a local had quarters of the international monetary fund john laughlin director of studies at the...
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role in economic winds authorities and got the nanny ads managing a five billion a year a bailout from madrid saying that that's how much bustle on the has been forced to pay so she alleges goblets del clos says the government is imposing centralized nation on parts of the country striving autonomy. while the economic situation in. like in the rest of spain is catastrophic and getting worse but the difference between this year and last year particularly is that now the body of a lot is in the government and it's there a lot more aggressively centralist and and it's and there are a lot more aggressive against sort of the autonomous rights that regions that that feel themselves as nations like a balloon you know or the. basque region they're a lot more aggressive in imposing that sort of identity on them the people that were out in the streets yesterday calling for independence from spain were to a large extent extremely diverse in terms of what their outlook is on economic policy on democratic mechanisms on a number of issues and it's really kind of hard to say who would have the germany there
role in economic winds authorities and got the nanny ads managing a five billion a year a bailout from madrid saying that that's how much bustle on the has been forced to pay so she alleges goblets del clos says the government is imposing centralized nation on parts of the country striving autonomy. while the economic situation in. like in the rest of spain is catastrophic and getting worse but the difference between this year and last year particularly is that now the body of a lot is in the...
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Sep 15, 2012
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outrage on display today in madrid, spain. tens of thousands of protesters rallied in the capital vent anger over sharp budget cuts. they say the cuts will hurt them more than the wealthy. activists say they will protest until their voices are heard. 35,000 people attended the reverend moon's funeral in south korea today. moon was the founder of the unification church and controversial religious leader. he claimed jesus christ asked him to finish his work on earth. his followers believed moon was the messiah. he died of pneumonia complications last week. 92 years old. >>> right now practice amu university playing its first home football game without a marching band. part of the punishment for the hazing death of robert champion. 12 former band members pleaded not guilty to hazing charges. champion's parents are suing the school. this week the school filed court papers saying it cannot be blamed for champion's death. champion should have refused to partipate in the ritual. >>> hundreds of students rally for injured tulane footb
outrage on display today in madrid, spain. tens of thousands of protesters rallied in the capital vent anger over sharp budget cuts. they say the cuts will hurt them more than the wealthy. activists say they will protest until their voices are heard. 35,000 people attended the reverend moon's funeral in south korea today. moon was the founder of the unification church and controversial religious leader. he claimed jesus christ asked him to finish his work on earth. his followers believed moon...
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Sep 14, 2012
09/12
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europe's finance ministers are planning to push madrid to take a full bailout. >> and we'll also see anger over in india where it's over diesel price hikes. we'll head to new delhi it for all the latest. >>>. >> protests in north africa continue. >> and pressure mounting on spain as eurozone finance ministers meet and report in a dutch paper suggesting the ecb is negotiating with the imf on the spanish rescue package worth 300 billion euros. stefane is following the story for us. >> reporter: it looks like it's a pretty good report to be honest because 300 billion euros is more or less what would be needed for a spanish bailout, for the amount of this potential deal for spain is credible. regarding the fact that the imf would be implicated in that story, again, it's credible because if you look at what the prime minister rajoy say a few days ago, he said he had no objection to the imf monitoring the spanish compliance with the condition of an international bailout. it's all about the condition of the bailout because if you remember also the prime minister say spain would not accept a
europe's finance ministers are planning to push madrid to take a full bailout. >> and we'll also see anger over in india where it's over diesel price hikes. we'll head to new delhi it for all the latest. >>>. >> protests in north africa continue. >> and pressure mounting on spain as eurozone finance ministers meet and report in a dutch paper suggesting the ecb is negotiating with the imf on the spanish rescue package worth 300 billion euros. stefane is following the...
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Sep 28, 2012
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." >> reporter: charging through streets of madrid last night, protestors were furious about the budget cuts they knew were going to come today. the police too will be hurt by the latest austerity measures but they still have to do their jobs. when economy ministers announced they were slashing yet more billions from government spending, the country ached when they also announced 43 new laws they say will fix the economy, the people shrugged. no one really believes that will work, because spaniards aren't working-- that's the problem-- unemployment is rampant now over 25%. whilst the property crash that started the crisis is still festering. further austerity measures will simply suck more money out of the economy and threaten an even deeper recession. spain is trying to save a total of 40 billion from its budget which will hurt. it won't be as excruciately painful as a new round of cuts in greece. they are trying to save an extra 12 billion from a budget that has already been pared to the bone. no one is spared the pain greece not even the most vulnerable. disabled protestors took to t
." >> reporter: charging through streets of madrid last night, protestors were furious about the budget cuts they knew were going to come today. the police too will be hurt by the latest austerity measures but they still have to do their jobs. when economy ministers announced they were slashing yet more billions from government spending, the country ached when they also announced 43 new laws they say will fix the economy, the people shrugged. no one really believes that will work,...
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Sep 26, 2012
09/12
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the first that took place was in madrid. and so we have been engaged for a long time. the frustration that i have, because things don't often move, it is very profound. i thought but something could have happened at the beginning of the obama administration, but it has not been possible. in the event that took place in lebanon, they continue to happen. the israelis of the question of iran, they claim that they are open to negotiations. but that does not happen. i don't know how things are going to of all but the beginning of the year. i know the election will take place in israel and will likely take place in the year. let's see what the situation is, if it is something that has been taken here already. [indiscernible] and that can be something that we can ultimately love that. maybe we have the possibility of a new scheme. it is something that is very important. what we have allowed to happen, things that should not happen, we haven't spoken of the monarchists. it is true. if we apply the same measures to bahrain, it will be a difficult situation. it is true that bahr
the first that took place was in madrid. and so we have been engaged for a long time. the frustration that i have, because things don't often move, it is very profound. i thought but something could have happened at the beginning of the obama administration, but it has not been possible. in the event that took place in lebanon, they continue to happen. the israelis of the question of iran, they claim that they are open to negotiations. but that does not happen. i don't know how things are going...
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Sep 25, 2012
09/12
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now the auction is being held as tensions mount in madrid, where more than a thousand police have now locked down the area around the parliament building, a protest under the name occupy congress is calling for new elections, saying spanish prime minister was elected on false promises. meanwhile, tensions also rising in athens as greece braces for a nationwide strike tomorrow. everything will be affected. everything from airlines and schools and hospitals, similar strikes in the past have turned violent. and riot police are on high alert. there goes the euro zone, just another day in paradise. dagen? connell: as the world turns. thanks ashley. dagen: president obama speaking last hour in front of world leaders at the united nations general assembly. >> more broadly the events of the last two weeks also speak to the need for all of us to honestly address the tensions between the west and the arab world that is moving towards democracy. connell: matt walsh is here with reason magazine. >> he tried to make a big statement and finally clear the air and have a honest discussion. i think th
now the auction is being held as tensions mount in madrid, where more than a thousand police have now locked down the area around the parliament building, a protest under the name occupy congress is calling for new elections, saying spanish prime minister was elected on false promises. meanwhile, tensions also rising in athens as greece braces for a nationwide strike tomorrow. everything will be affected. everything from airlines and schools and hospitals, similar strikes in the past have...
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Sep 26, 2012
09/12
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the first that took place was in madrid. and so we have been engaged for a long time. the frustration that i have, because things don't often move, it is very profound. i thought but something could have happened at the beginning of the obama administration, but it has not been possible. in the event that took place in london on, they continue to happen. -- lebanon, they continue to happen. the israelis of the question of iran, they claim that they are open to negotiations. but that does not happen. i don't know how things are going to of all but the beginning of the year. i know the election will take place in israel and will likely take place in the year. let's see what the situation is, if it is something that has been taken here already. if egypt and president more see can work on a question of how moss -- of hamas,[indiscernible] and that can be something that we can ultimately love that. maybe we have the possibility of a new scheme. it is something that is very important. what we have allowed to happen, things that should not happen, we haven't spoken of the mon
the first that took place was in madrid. and so we have been engaged for a long time. the frustration that i have, because things don't often move, it is very profound. i thought but something could have happened at the beginning of the obama administration, but it has not been possible. in the event that took place in london on, they continue to happen. -- lebanon, they continue to happen. the israelis of the question of iran, they claim that they are open to negotiations. but that does not...
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Sep 17, 2012
09/12
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. >> a lot of unanswered questions in madrid. just as you look at the close there, it is obviously all red. do just check the detail on that. some of those stock markets are just, just below the flat line. it's not the sea of deep red if you like. of course you had all the euphoria last week of the federal reserve further boosting asset prices in europe. so today it's back to a more humdrum kind of way of life. jim o'neill, you may have seen him on squawk box earlier on from goldman's saying he thinks thursday will be really important when we get the flash pmis and therefore an indication of just how rapidly europe is heading into recession or if perhaps there might have been a recovery because of what was being said by draghi during the period in which they polled. spain is the issue. when will they ask for a bailout. they've announced tomorrow they'll auction 3.5 to 4.5 billion euros of notes. 12-month and 18-month. thursday, again we come back to thursday, they're going to be selling some of the bonds. presumably at the 10-yea
. >> a lot of unanswered questions in madrid. just as you look at the close there, it is obviously all red. do just check the detail on that. some of those stock markets are just, just below the flat line. it's not the sea of deep red if you like. of course you had all the euphoria last week of the federal reserve further boosting asset prices in europe. so today it's back to a more humdrum kind of way of life. jim o'neill, you may have seen him on squawk box earlier on from goldman's...
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Sep 25, 2012
09/12
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the first conference that took place was in madrid. i was present there, imagine. so we have been engaged in it for a long, long, long time. and i, the frustration i have -- [inaudible] very profound. very profound. i thought that something could have happened at the beginning of obama administration, but it has not been possible. and then the events that took place in 2011 continue to happened. [inaudible] it looks like if the palestinian issue was caught. now, we have on the table now the israelis with concentrate on the question of iran, and they claim they are open, i mean ready to open, but that doesn't happen. .. has had we have the possibility of having the new key for to get the solution. the second thing you have said is very important. really what we have a lowden who bought rain to happen that is true. but, it is true that a lot of things have changed. the gulf countries have not changed. it is true that the grain will be in a difficult situation. it is true that bob crane nothing would happen. we know that. but saudi arabia should be more open and given
the first conference that took place was in madrid. i was present there, imagine. so we have been engaged in it for a long, long, long time. and i, the frustration i have -- [inaudible] very profound. very profound. i thought that something could have happened at the beginning of obama administration, but it has not been possible. and then the events that took place in 2011 continue to happened. [inaudible] it looks like if the palestinian issue was caught. now, we have on the table now the...